European shares slip but set for weekly gains; Mercedes drops
By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..
Finance
Finance
London blue-chips slip as sterling jumps after retail sales beat
(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..
Finance
Dollar edges lower in choppy trading after Fed rate cut
By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar edged slightly lower in choppy trading on Wednesday as market..
Finance
Fed rate cut glow spreads to Wall Street, jobs data helps
By Isla Binnie NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wob..
Finance
Bank of England leaves rates at 5%, pound hits highest since March 2022
LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British governme..
Finance
Sterling rises after UK inflation data and ahead of Fed
By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar on Wednesday after UK inflation data boosted the ..
Finance
US dollar edges lower as traders await Fed rate cut decision
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..
Finance
How some hedge funds would trade a rate cutting cycle
By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..
Finance
Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision
By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..
Finance
US stocks, dollar rise with eyes on Fed and strong data
By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..
Finance
US dollar strengthens ahead of Fed rate cut move
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..
Finance
FTSE 100 rises ahead of key central bank meetings
By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gai..
Finance
US dollar hits more than one-year low as market eyes aggressive Fed rate cut
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..
Finance
US stocks mixed, dollar weak on rate cut expectations
By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..
Finance
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..
Finance
Gold bulls set sights on previously dismissed record $3,000/oz milestone
By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..
Finance
ECB dents traders’ hopes for October rate cut
By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..
Finance
Dollar weak, yen at 2024 high on bets of big rate cut from Fed
By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..
Finance
Swiss banks fret over sanctions risk to wealth business
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..
Finance
ECB cuts interest rates as growth dwindles
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..
Finance
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..
Finance
US stocks, dollar defensive, bonds rally as Harris harries Trump
By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..
Finance
Portugal’s government sees growth at 2% in 2024 and 2025
By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..
Finance
German bank shares slide, DAX underperforms
LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. ..
Finance
France withdraws pesto sauce brand after likely cases of botulism
PARIS (Reuters) -The French farm ministry on Tuesday said it detected five likely cases of food-borne botulism, a potentially f..
Finance
Sterling edges up versus dollar and euro after UK data
By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the vi..
Finance
European shares rise on real estate boost
By Pranav Kashyap (Reuters) – European shares climbed on Tuesday, boosted by the real-estate sector, while investors also awaite..
Finance
Morning bid: China gloom overshadows Wall Street-led rebound
A look at the day ahead in European and global markets from Rae Wee The rebound in global share markets proved short-lived in Asia on ..
Finance
Stocks ease in jittery trading; Harris-Trump debate up next
By Amanda Cooper LONDON (Reuters) – Global shares dipped on Tuesday, struggling to draw momentum from a rally on Wall Street as ..
Finance
Dollar edges down before US inflation data, presidential debate
By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflation data and the televised U.S. presidential debate..
Finance
US dollar regains footing as traders pare bets on big Fed rate cut
By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencie..
Finance
Wall Street follows world stocks higher ahead of central bank actions
By Stephen Culp NEW YORK (Reuters) -U.S. stocks moved higher on Monday, following their European counterparts, as markets looked ahead..
Finance
LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit
MILAN (Reuters) – Britain’s LSEG , which owns the London stock exchange, and Italy’s No.1 bank Intesa Sanpaol..
Finance
Dollar rises as traders eye data-heavy week; yen strengthens
By Saqib Iqbal Ahmed and Amanda Cooper NEW YORK (Reuters) – The dollar rose to a two-week high against the euro on Tuesday as ..
Finance
Summery weather helps boost UK consumer spending, surveys show
(Reuters) – British consumer spending increased modestly in annual terms during August, fuelled by spending on food and d..
Finance
French finance ministry warns deficit at risk on tax shortfall-media
PARIS (Reuters) – France is at risk of running a substantially bigger budget deficit than planned this year if extra savi..
Finance
Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost
By Nia Williams and Arunima Kumar (Reuters) -Oil prices edged higher on Monday, recovering some losses from late last week, as ..
Finance